Ny Nanum Foundation Inc
- Assets
- $140.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Northvale, NJ
- Founding
- 10/2003
- Data as of
- 12/2022
- EIN
- 41-2107220
Organization Overview
Ny Nanum Foundation Inc is located in Northvale, NJ. The organization was established in 2003. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NY Nanum Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, NY Nanum Foundation Inc generated $63.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $78.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, NY Nanum Foundation Inc has awarded 71 individual grants totaling $764,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT HOME BOUND MEAL DELIVERY AND CAREGIVER FOR SENIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eunice E Lee President And Chair | 2 | $0 | |
Kevin Lee Secretary | 2 | $0 | |
Yongkeun Cho Director | 2 | $0 | |
Jason Chon Treasurer | 2 | $0 | |
Young Kil Kim Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,905 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $74 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,007 |
| Total Revenue | $62,986 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,500 |
| Professional fees and other payments to independent contractors | $1,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,331 |
| Total expenses | $78,631 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $138,235 |
| Other assets | $0 |
| Total assets | $140,735 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,735 |
Grants Awarded
Over the last fiscal year, Ny Nanum Foundation Inc has awarded $79,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
NEIGHBOR PLUS PURPOSE: SENIOR AND IMMIGRANT | $30,800 |
GIVE CHANCES PURPOSE: YOUTH | $13,200 |
KOREAN COMMUNITY CENTER PURPOSE: IMMIGRANT | $10,000 |
CHINATOWN MANPOWER PROJECT PURPOSE: IMMIGRANT | $10,000 |
COMMUNITY INCLUSION & DEVELOPMENT ALLIANCE PURPOSE: DISABILITY | $5,000 |
DAMAYAN MIGRANT WORKERS ASSOCIATION PURPOSE: IMMIGRANT | $5,000 |